Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
4 WATTS CLOSE is a very small extended detached house of 66m², built sometime between 1996 and 2002. It was last sold for £256,000 in October 2015, which was around 33% below the average October 2015 detached price in the Milton Keynes local authority area. The most recent EPC inspection was October 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 4 WATTS CLOSE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 4 WATTS CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).
Date | Price | HPI Price | Variation from HPI |
---|---|---|---|
2015 1 OCT | £256,000 | £380,182 | 33% below HPI |
2009 25 SEP | £163,500 | £257,032 | 36% below HPI |
The below graph shows the average detached house price in the Milton Keynes local authority area over time, sourced from the HPI. The two 4 WATTS CLOSE sales from September 2009 and October 2015 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2009 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the October 2015 sale, where it rises to 33% below the HPI. The line then continues to track at 33% below the HPI.
4 WATTS CLOSE is 66m², which includes one extension, according to the EPC inspection conducted in October 2022. This puts it in the smallest 10% of detached houses in Hanslope, based on EPC data. The below chart shows the distribution of detached houses by size in Hanslope, and where 4 WATTS CLOSE lies on this distribution: 4% of detached houses are smaller than 4 WATTS CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Hanslope.
4 WATTS CLOSE sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 4 WATTS CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 4 WATTS CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.
4 WATTS CLOSE is located in HANSLOPE, in the MK19 postcode district. The below map shows the position of No. 4 on WATTS CLOSE.